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Morehead officials to list former post office and police department for sale after failed auction

Samantha Morrill

The historic post office and former police building on Main Street in downtown Morehead is up for sale after an auction failed to produce a minimum bid, drawing in just $310,000.

Damon Ballinger is a realtor and auctioneer with C. Rodger Lewis Agency and is overseeing the purchase of the building. He said since the public auction failed to yield a high enough bid, the city is shifting the sale to more traditional means.

“The building will be listed, we have it listed for sale for a period of time of six months. I’ve got to work with the city to get the exact sale price we’ll have it listed for. If we do not get it sold at their reserve amount in that time frame, it’ll be up to the city to look at reducing the price or keeping the property,” said Ballinger.

Officials said the building was constructed in the early 1900s and has served many different functions over the years. Ballinger said a potential buyer has more than just price to think about.

“Currently it’s being used as an office space, so if someone’s interested in converting it to a different use they’d have to go through the city and the state of Kentucky to make sure all the restrooms, etc., meet the code for that specific use,” said Ballinger.

The structure is 7,440 square feet on two levels. The building is currently zoned as B-3, which is standard business zoning.